Edison Int'l (EIX) Tops Q1 EPS by 14c
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UPDATE: UBS Upgrades Edison International (EIX) to Buy; Recent 5% Drop Overdone, Says Analyst
April 29, 2015 7:15 AM EDT(Updated - April 29, 2015 10:24 AM EDT)
UBS upgraded Edison International (NYSE: EIX) from Neutral to Buy with a price target of $70. Analyst Julien Dumoulin-Smith thinks a recent 5% drop on SONGS concerns is unwarranted.
Smith explained, "We are upgrading to Buy (unchanged $70 PT) after shares have dropped nearly 5% in recent weeks on unwarranted concerns over a... More
